Womens Fund Of Greater Chattanooga
- Assets
- $511.3k
- Revenue
- $285.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Chattanooga, TN
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-5020109
Organization Overview
Womens Fund Of Greater Chattanooga is located in Chattanooga, TN. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Womens Fund Of Greater Chattanooga employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of Greater Chattanooga is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Womens Fund Of Greater Chattanooga generated $285.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $273.0k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF WOMEN AND GIRLS IN OUR REGION BY DRIVING SOCIAL CHANGE, PROVIDING OPPORTUNITY AND PROMOTING ECONOMIC SELF-SUFFICIENCY THROUGH EDUCATION AND ADVOCACY, EMPOWERED PHILANTHROPY, COLLECTIVE PARTNERSHIPS, AND STRATEGIC GRANTMAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING: THE WOMEN'S FUND'S COLLECTIVE PHILANTHROPY ARM, THE NIGHTINGALE NETWORK AWARDED $10,000 TO FAMILY PROMISE OF CHATTANOOGA. FUNDING WILL SUPPORT THEIR PROGRAM TO PREVENT 10 FEMALE-LED HOUSEHOLDS WITH CHILDREN FROM EXPERIENCING HOMELESSNESS. THEY WILL RECEIVE RENT AND UTILITY ASSISTANCE AS WELL AS FOLLOW-UP CASE MANAGEMENT INCLUDING REFERRALS TO COMMUNITY RESOURCES FOR ONE YEAR. WE ALSO GRANTED $2,750 TO THE CHATTANOOGA AREA FOOD BANK TO SUPPORT THEIR MISSION AND $2,750 TO BELOVED WOMAN TO SUPPORT THEIR PROGRAM TO HELP FINANCIALLY DISADVANTAGED WOMEN BECOME SELF-EMPLOYED OR SEEK A PATHWAY TO A LIVING WAGE.
COLLABORATION: CONTINUED TO WORK WITH PARTNERS ACROSS THE STATE TO ELIMINATE THE BARRIERS TO WOMEN AND GIRLS. PARTNERS INCLUDE THE CHATTANOOGA MAYOR'S COUNCIL FOR WOMEN, PARTNERSHIP FOR FAMILIES, CHILDREN AND ADULTS, CHILDREN ADVOCACY CENTER, HEALTHY AND FREE TENNESSEE, A BETTER BALANCE, AND AWAKE TENNESSEE. WE CONTINUED THE WORK OF THE TENNESSEE WOMEN'S FUND ALLIANCE, MEETING QUARTERLY AND BEGINNING TO PLAN OUR NEXT CAMPAIGN.
ADVOCACY: THE WOMEN'S FUND RESEARCHED ISSUES, WROTE LEGISLATION, FOLLOWED THE LEGISLATIVE WORK OF THE GENERAL ASSEMBLY, CREATED A LEGISLATIVE PRIORITY LIST, AND ISSUED CALLS TO ACTION ON SOME BILLS. WE CONTINUED OUR COMPREHENSIVE WORK TO IMPROVE THE STATUS OF WOMEN IN TENNESSEE, FOCUSING OUR WORK ON THE TOPICS HIGHLIGHTED IN THE INSTITUTE FOR WOMEN'S POLICY RESEARCH PUBLICATIONS. IN THE FALL OF 2021, WE ANNOUNCED THE CREATION OF THE WOMEN'S FUND ADVOCACY INSTITUTE. THROUGH A SERIES OF BOTH PUBLIC AND PRIVATE, INTENTIONALLY CURATED, INTERACTIVE LEARNING MODULES, PARTICIPANTS WILL EXPLORE AND DEMYSTIFY LOCAL AND STATEWIDE ADVOCACY EFFORTS AND OPPORTUNITIES. THE INSTITUTE LAUNCHED WITH THE "I AM AN ADVOCATE" SERIES, FIVE MONTHLY SESSIONS TO EDUCATE AREA RESIDENTS IN ADVOCACY ACTION AND ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Burnett Executive Director | Officer | 40 | $95,500 |
Kelly Allen Board Chair | OfficerTrustee | 7 | $0 |
Jennifer Harper Immediate Past Chair | OfficerTrustee | 3 | $0 |
Helen Jackson Treasurer | OfficerTrustee | 2 | $0 |
Dakasha Winton Secretary | OfficerTrustee | 1 | $0 |
Leah Gerbitz Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $77,067 |
| Related organizations | $0 |
| Government grants | $54,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,427 |
| Total Program Service Revenue | $0 |
| Investment income | $1,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,574 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,500 |
| Compensation of current officers, directors, key employees. | $18,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,998 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,650 |
| Payroll taxes | $14,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $450 |
| Advertising and promotion | $14,000 |
| Office expenses | $2,488 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,081 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $288 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $737 |
| Insurance | $3,296 |
| All other expenses | $6,561 |
| Total functional expenses | $273,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,446 |
| Savings and temporary cash investments | $108,820 |
| Pledges and grants receivable | $18,600 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,000 |
| Net Land, buildings, and equipment | $933 |
| Investments—publicly traded securities | $204,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $511,251 |
| Accounts payable and accrued expenses | $8,013 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,013 |
| Net assets without donor restrictions | $462,588 |
| Net assets with donor restrictions | $40,650 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $511,251 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Womens Fund Of Greater Chattanooga has recieved totaling $394,412.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: WOMEN'S FUND FINAL PAYOUT | $351,879 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: ADVOCACY INSTITUTE | $10,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: DEEPEN LOCAL FOOTPRINT | $10,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $7,500 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $7,000 |
Robert F Stone Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |